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What is Flipkart: Growth and Ownership Insights about?

Flipkart is an Indian e-commerce company headquartered in Bangalore that was acquired by Walmart. It was founded in 2007 by Sachin and Binny Bansal as an online book retailer and has grown to become the second largest e-commerce platform in India with a 31.9% market share. Flipkart raised over $11 billion in funding over several rounds from prominent investors before being acquired by Walmart for $16 billion in 2018.

Author

Litty Thampi

Language

EN